The city of Detroit has announced that it will now be accepting Bitcoin and Ethereum as payment for taxes. This move is part of the city’s embrace of blockchain technology in order to foster economic growth. By allowing residents to pay with these popular cryptocurrencies, Detroit hopes to attract tech-savvy businesses and individuals who are looking for innovative ways to engage with their local government. This decision marks a significant step towards modernizing the city’s financial practices and staying ahead of the curve in the digital age.
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